SEC submits evidence that Telegram continues to sell tokens after ICO

The U.S. Securities and Exchange Commission (SEC) filed documents in its ongoing court action against Telegram on Friday and said evidence of Telegram's continued sale after the ICO weakened the company's argument about the issue exempting registration requirements. The documents show that investment funds Da Vinci Capital and another entity named Gem Limited require commissions of US $ 209,783 and US $ 1.1 million, respectively, for the "sale of" Telegram's blockchain project TON token-"Gram" Purchase agreement.